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Tastemaker Acquisition Debt-to-EBITDA

: -0.02 (As of Mar. 2022)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Tastemaker Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $0.03 Mil. Tastemaker Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $0.00 Mil. Tastemaker Acquisition's annualized EBITDA for the quarter that ended in Mar. 2022 was $-1.47 Mil. Tastemaker Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2022 was -0.02.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Tastemaker Acquisition's Debt-to-EBITDA or its related term are showing as below:

TMKR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.06   Med: 0   Max: 0
Current: -0.06

TMKR's Debt-to-EBITDA is ranked worse than
100% of 109 companies
in the Diversified Financial Services industry
Industry Median: 5.91 vs TMKR: -0.06

Tastemaker Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Tastemaker Acquisition's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tastemaker Acquisition Annual Data
Trend Dec20 Dec21
Debt-to-EBITDA
N/A -

Tastemaker Acquisition Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22
Debt-to-EBITDA Premium Member Only - - - - -0.02

Competitive Comparison

For the Shell Companies subindustry, Tastemaker Acquisition's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Tastemaker Acquisition Debt-to-EBITDA Distribution

For the Diversified Financial Services industry and Financial Services sector, Tastemaker Acquisition's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tastemaker Acquisition's Debt-to-EBITDA falls into.



Tastemaker Acquisition Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Tastemaker Acquisition's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -1.039
=0.00

Tastemaker Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.03 + 0) / -1.472
=-0.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2022) EBITDA data.


Tastemaker Acquisition  (NAS:TMKR) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Tastemaker Acquisition Debt-to-EBITDA Related Terms

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